5606 Stewart AveGalvestonTX77551
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Galveston at 5606 Stewart Ave, Galveston, TX, 77551 priced at $309,900 converts $2,575/mo rent into $371/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,575/mo, and annual cash flow totals $4,453/yr on $102,732 invested. Return on cash invested prints 24.24% in year one, and rental yield reads 9.97% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 127.33% and total cumulative return in cash sums $130,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,575/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1975
7,858 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77551, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,786 (100%) |
| Owner Occupied HU | 4,136 (38.3%) |
| Renter Occupied HU | 4,914 (45.6%) |
| Vacant Housing Units | 1,736 (16.1%) |
| Median Home Value | $340,338 |
| Average Home Value | $396,421 |
Housing Distribution
Address Breakdown
Residential
10,270
Single Family
6,121
Multi-Family
4,149
Businesses
563
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Listed by: Belinda Olsen • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #36150403
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